8-K

CRH PUBLIC LTD CO 8-K Report (Sep 10, 2009)

Filed September 10, 2009For Securities:CRH

Summary

This 8-K filing from CRH Public Limited Company (CRH) details a transaction involving the re-issuance of treasury shares to participants in an employee share scheme. On September 9, 2009, CRH transferred 101,528 Ordinary Shares at prices ranging from €15.5646 to €16.2381 per share. This transaction is significant as it impacts the company's outstanding share count and its holdings of treasury stock. Following this re-issuance, CRH's total treasury shares now stand at 14,413,255, with the number of issued and outstanding ordinary shares (excluding treasury stock) being 692,765,185. Investors should note that such transactions can affect earnings per share (EPS) calculations and overall share dilution. The filing was made on September 10, 2009.

Key Highlights

  • 1CRH Public Limited Company re-issued 101,528 Ordinary Shares from treasury.
  • 2The shares were transferred to participants in an employee share scheme.
  • 3Transaction date was September 9, 2009.
  • 4The re-issuance prices per share were €15.5646 and €16.2381.
  • 5Following the transaction, CRH holds 14,413,255 Ordinary Shares in Treasury.
  • 6The number of outstanding Ordinary Shares (excluding Treasury Shares) is 692,765,185.

Frequently Asked Questions

The primary purpose of this 8-K filing was to report CRH's re-issuance of treasury shares to participants in an employee share scheme, as required by SEC regulations.

The re-issuance of 101,528 treasury shares slightly reduces the number of shares held in treasury and increases the number of shares outstanding (excluding treasury shares) by the same amount, impacting the total share count.

Treasury shares are shares that a company has repurchased from the open market. They are often re-issued for employee stock options, employee stock purchase plans, or for use in acquisitions. In this case, they were used for an employee share scheme.

This transaction is a routine administrative action related to employee compensation and share management. It does not, by itself, indicate financial distress or necessarily positive news; it's a standard operational event for companies with employee share schemes.